Market Insights
The offensive electronic countermeasures market is likely to grow at a promising CAGR of 4.1%, in the long run, to reach US$ 0.6 Billion in 2028.
The offensive electronic countermeasures market is a segment of the defense industry that deals with the development, manufacture, and sale of systems and technologies designed to disrupt electronic communication and sensing equipment such as enemy missiles, drone radar, or surveillance systems used by hostile forces. The market for offensive electronic countermeasures is driven by the ongoing need for military forces to maintain a technological edge over potential adversaries.
As electronic devices have become increasingly integrated into military operations, the ability to disrupt or disable those devices has become an increasingly important part of modern warfare. In 2020, The pandemic slowed down the manufacturing and supply of offensive electronic countermeasure systems. Additionally, several countries' defense expenditures were cut as a result of the pandemic, which had a detrimental effect on the demand for offensive countermeasure systems.
However, the market for this technology is highly competitive, and companies are constantly investing in research & development to create more advanced and effective systems. As a result, the market for these technologies is expected to continue to grow in the coming years. In addition to traditional military applications, offensive electronic countermeasures are also increasingly being used by law enforcement agencies and other security organizations to combat threats such as terrorism.
Segments' Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Platform-Type Analysis
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Air, Land, and Naval
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Air is anticipated to remain the biggest platform type for offensive electronic countermeasures systems in the years to come.
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Frequency-Type Analysis
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EO-IR Countermeasures and RF Countermeasures
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EO-IR countermeasures are expected to be the dominant as well as a faster-growing segment during the forecast period.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.
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Platform Type
The offensive electronic countermeasures market is segmented into air, land, and naval. Air is expected to remain the largest platform type in the market for offensive electronic countermeasures during the forecast period, owing to increasing threats to aircraft, military modernization programs, technological advancements, and an increase in air warfare activities. Overall, the market for air platform-based electronic countermeasures is expected to continue to grow in the coming years, driven by increasing demand for offensive electronic countermeasure solutions to protect military aircraft from a range of threats.
Frequency Type
The market is segmented into EO-IR countermeasures and RF countermeasures. EO-IR countermeasures are expected to remain the dominant as well as the faster-growing frequency type in the market during the forecast period. The EO-IR frequency type is driven by the increasing use of EO-IR systems in military/defense applications, as well as the need for advanced countermeasures to mitigate the risks of enemy attacks. Furthermore, the transition of adversaries from RF frequency to more precise EO-IR frequency has been a major factor in the higher growth of EO-IR countermeasures.
Regional Analysis
North America is expected to remain the largest market for offensive electronic countermeasures during the forecast period. The United States is one of the leading countries with the highest defense spending in the world, with more than 40% of the global defense spending. The country has been the largest procurer of offensive electronic countermeasures in the world. Raytheon and Northrop Grumman are developing offensive electronic countermeasure technologies for defense applications in the region.
Other regions, such as Europe and Asia, also have a significant presence in the offensive electronic countermeasures, with companies like BAE Systems and Thales in Europe and Bharat Electronics Limited and Israel Aerospace Industries in Asia.
The offensive electronic countermeasures market is segmented into the following categories:
By Platform Type
- Air (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Land (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Naval (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Frequency Type
- EO-IR Countermeasures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- RF Countermeasures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Israel, Saudi Arabia, and Others)
Key Players
The market is highly concentrated, with the presence of a very small number of players. Most of the major players compete in some of the governing factors, including technology, product offerings, regional presence, etc. The following are the key players in the offensive electronic countermeasures market:
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- BAE Systems PLC
- Israel Aerospace Industries
- Thales S.A.
- Bharat Electronics Limited
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s offensive electronic countermeasures market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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